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MKB
Mackenzie Core Plus Canadian Fixed Income ETFTO

MKB Dividend Calculator: Forecast Your Returns

See how much monthly passive income you can generate from Mackenzie Core Plus Canadian Fixed Income ETF. Calculate dividend growth with DRIP and compound interest using real-time data.

Current Price
CA$19.09
0.26% today
MKB

Dividend Income Calculator

Adjust parameters to see how your investment grows
Investment value: CA$1,909.00
Shares: 100

1 Year

15 Years

30 Years

0% (No Growth)

10%

20%

0% (No Growth)

10%

20%

DRIP (Reinvest Dividends)
Automatically reinvest dividends
Annual Contributions
Add money to investment yearly

0% (Tax-Advantaged)

20%

40%

The Snowball Effect: DRIP vs No DRIP

With DRIP
Without DRIP
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DRIP (Dividend Reinvestment Plan) significantly accelerates portfolio growth through compounding.

Is MKB a Good Investment for 2026?

Based on the current price of $19.09, MKB offers a solid dividend yield of 3.5%. This is higher than the S&P 500 average.

Historically, Mackenzie Core Plus Canadian Fixed Income ETF has raised its payouts by an average of 8.7% annually over the last 5 years.

With a payout ratio of N/A (ETF), the dividend appears safe.

MKB vs Popular Alternatives

ETF / StockCurrent Yield5Y Dividend GrowthExpense Ratio
MKB
MKB
Mackenzie Core Plus Canadian Fixed Income ETF
3.5%8.7%0%ACTIVE
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JPMorgan Nasdaq Equity Premium Income ETF
10.42%-0.35%Calculate →
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Schwab U.S. Dividend Equity ETF
3.24%9.2%0.06%Calculate →
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Vanguard S&P 500 ETF
1.06%7.4%0.03%Calculate →

Frequently Asked Questions about MKB

How much does MKB pay per share?

MKB currently pays an annual dividend of $0.67 per share, distributed monthly.

When is the next ex-dividend date for MKB?

The next ex-dividend date for MKB is expected to be July 2, 2026. To receive the payment, you must own the stock before this date.

Is MKB a good dividend stock?

MKB has a dividend yield of 3.50% and has grown its dividend for 4 years. Its payout ratio is 0%, indicating poor dividend sustainability.
Your Annual Dividend Income
$46.73
Monthly: $3.89
Value after 10 Years:$4,074.88
Future Yield on Cost:10.6%
Total Dividends Earned:$801.97
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MKB Dividend Health Check

Dividend Yield3.5%
Moderate Yield
Payout Safety
Pass-Through
Fund pass-through
Growth Streak4+ Years
Dividend growth streak is not yet established
Short History
Payment FrequencyMonthly
12 payments per year
Next expected payment:
July 9, 2026